Expect a stronger yen by year-end and that could be bullish for Japanese equities: Astris Advisory

• Expect the Bank of Japan to hike rates twice this year.
• The Federal Reserve is anticipated to cut rates once in September or October.
• A stronger yen will reduce import costs, temper inflation, and support corporate profits in Japan.
• This is expected to lead to a rally in Japanese equities and provide a tailwind for the broader Asian market.

Astris Advisory's Neil Newman predicts a stronger Japanese Yen by year-end, driven by anticipated Bank of Japan rate hikes and a Federal Reserve rate cut. This currency appreciation is expected to lower import costs, boost corporate profitability, and ultimately lead to a positive outlook for Japanese equities and the broader Asian market.